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  • newMahindra launches CNG variant of mini-truck Jeeto
    Mahindra & Mahindra Ltd (M&M) has launched the CNG variant of its popular mini-truck Jeeto, priced at Rs 3.49 lakh (ex-showroom, Delhi). The CNG variant will be available at the top-end model...
    - 2 hours ago, 9 Dec 16, 4:52pm -
  • newQuiz: Noble winners
    On December 10, 115 years ago, the first Nobel Prizes were awarded.
    - 2 hours ago, 9 Dec 16, 4:49pm -
  • newPhone fixer
    Bins and I walk into my little apartment after 10 days away. Everything is just as we left it, “Even the cute little dust bunnies that live in all the corners of all the rooms!” says Bins. According ...
    - 2 hours ago, 9 Dec 16, 4:40pm -
  • newMIC Electronics bags order for LED street lights
    MIC Electronics Ltd has informed BSE that the company has received a letter of award for supply of 20,000 standalone off-grid solar LED street lights with a contract price of Rs 32.85 crore.This is an...
    - 2 hours ago, 9 Dec 16, 4:37pm -
  • newTCS biggest wealth creator, Ajanta Pharma the fastest: Study
    Asian Paints was most consistent wealth creator, says Motilal Oswal Financial Services study
    - 2 hours ago, 9 Dec 16, 4:33pm -
  • newSensex posts best weekly gain since Sept 2; realty, bank stocks major gainers
    The Sensex and Nifty ended higher on Friday, recording their biggest weekly gain in more than three months, as additional stimulus from the European Central Bank helped offset disappointment about th...
    - 2 hours ago, 9 Dec 16, 4:28pm -
  • newCyberabad: Not quite an integrated circuit
    An IT boom in a city without a plan, and its residents deeply divided by income inequalities
    - 2 hours ago, 9 Dec 16, 4:28pm -
  • newLok Sabha logjam continues; Govt seeks apology from Opposition
    Turning the tables on the Opposition, which has been carrying put noisy protests, demanding a discussion in the Lok Sabha since the Winter session began, the Government on Friday demanded an apology ...
    - 3 hours ago, 9 Dec 16, 4:14pm -
  • newEthics for wizards
    JK Rowling’s screenplay for the new film Fantastic Beasts and Where to Find Them sees the Harry Potter writer return to familiar ethical territory
    - 3 hours ago, 9 Dec 16, 4:12pm -
  • newWorld stocks hold near 16-month high after strong week
    World stocks were set for a weekly gain and held near 16-month highs on Friday, while the euro steadied after swings following the European Central Bank’s decision to extend its stimulus programme.Th...
    - 3 hours ago, 9 Dec 16, 4:03pm -
  • newVodafone India launches free voice calling package for prepaid customers
    Mumbai, Dec 9 Vodafone India, the country's second largest telecom service provider, has launched two new packs that offer unlimited free voice calling to prepaid customers. This plan is available...
    - 3 hours ago, 9 Dec 16, 4:01pm -
  • newThe Investigator
    We dig for the truth. So you don't have to.
    - 3 hours ago, 9 Dec 16, 3:57pm -
  • newStrides Shasun to acquire Perrigo API India for Rs 100 cr
    Strides Shasun has inked pacts to acquire Perrigo API India for Rs 100 crore.The company has signed “definitive agreements to acquire the entire shareholding in Perrigo API India Pvt Ltd (Perrigo API...
    - 3 hours ago, 9 Dec 16, 3:49pm -
  • newGovt starts TV channel to impart information on digital payments in rural areas
    In another step to promote cashless transactions in India, the government has started a television channel called 'DigiShala', a Doordarshan free to DTH channel, a first step in this direction throug...
    - 3 hours ago, 9 Dec 16, 3:49pm -
  • newEuropean shares edge up, set for best week since February
    European shares were slightly higher in early trading on Friday, underpinned by a rebound among healthcare stocks, while Gemalto rose after an acquisition.By 0820 GMT, the STOXX Europe 600 was up 0.1...
    - 3 hours ago, 9 Dec 16, 3:38pm -
  • newMeet the Brontës of Haworth
    An English village where the three illustrious sisters lived their short lives, and the wild, temperamental moors that gave us dark, complex characters
    - 3 hours ago, 9 Dec 16, 3:29pm -
  • newGold slumps to 10-month low; silver up on increased offtake
    Gold prices fell Rs 130 to hit a 10-month low of Rs 28,580 per 10 grams today amid a weak global trend and considerable fall in demand from jewellers at the domestic spot market.Silver, however, firm...
    - 4 hours ago, 9 Dec 16, 3:25pm -
  • newHello, that’s my money
    One of the things about the demonetisation process has been the infantilising of Indians
    - 4 hours ago, 9 Dec 16, 3:21pm -
  • newSilver rates

    - 4 hours ago, 9 Dec 16, 3:17pm -
  • newGold rates

    - 4 hours ago, 9 Dec 16, 3:13pm -
  • newIndia's growth to be back on recovery path from April next year: Report
    The impact of demonetisation will only be short-term and India’s growth momentum is likely to get back on recovery path from April next year with support from consumption and exports, says a Morgan S...
    - 4 hours ago, 9 Dec 16, 3:10pm -
  • newIndia one down at tea in response to England's first innings total of 400
    Spinners Ravichandran Ashwin and Ravindra Jadeja shared 10 wickets between them but England posted a respectable 400 in their first innings, thanks to a splendid rearguard action by lower-order batsm...
    - 4 hours ago, 9 Dec 16, 2:57pm -
  • newIIMB annual leadership summit on Dec 17 & 18
    Industry titans, entrepreneurs, sportspersons, policy makers and actors, along with the alumni of Indian Institute of Management Bangalore (IIMB), are to hold IIMBue 2016 - the annual leadership summ...
    - 4 hours ago, 9 Dec 16, 2:56pm -
  • newMaking a Bengali eat veggies...
    ...is a feat only another Bengali can achieve. Food researcher Pritha Sen’s pop-up Unishe Pawd recently did that and more
    - 4 hours ago, 9 Dec 16, 2:55pm -
  • newRupee trading weak at 67.50
    The rupee was trading weak at 67.50 on sustained demand for dollar from importers and dollar's strength against other currencies overseas.According to forex dealers, weakness in other currencies, ...
    - 5 hours ago, 9 Dec 16, 2:23pm -
  • newOil extends gains on hopes of non-OPEC output cuts
    Oil prices extended gains for a second session running on Friday on optimism that non-OPEC producers would agree to cut output following a cartel agreement to limit production.The Organization of ...
    - 5 hours ago, 9 Dec 16, 2:01pm -
  • newS Korean parliament impeaches scandal-hit President Park
    South Korean lawmakers today passed an impeachment motion against President Park Geun-Hye, stripping away her sweeping executive powers over a corruption scandal that paralysed her administration and...
    - 5 hours ago, 9 Dec 16, 1:50pm -
  • newCII Southern Region to host entrepreneur awards in Hyderabad
    The Confederation of Indian Industry (CII), Southern Region, in association with The Hindu BusinessLine will hold the seventh edition of the Emerging Entrepreneur Awards 2016 on March 24, 2017, at Hy...
    - 5 hours ago, 9 Dec 16, 1:45pm -
  • newNifty call: Go long on a strong rally above 8,300 with a fixed stop-loss at 8,285
    Taking positive cues from global markets, domestic equity indices, both the Nifty and Sensex, opened higher in today's session. The Nifty futures contract started the session at 8,275 levels. The ...
    - 6 hours ago, 9 Dec 16, 1:25pm -
  • newThe new normal of Trump-world
    The US President-elect is focused not so much on improving things, as creating analternate reality for the millions who flocked to his banner
    - 6 hours ago, 9 Dec 16, 1:23pm -
  • newA national identity crisis
    A historian, a constitutional expert and a cultural theorist explain Indian nationalism elegantly, but fall just short of explaining its historical mutability
    - 6 hours ago, 9 Dec 16, 1:13pm -
  • newIATA to take up Smart Security initiative
    The International Air Transport Association (IATA) plans to take up Smart Security, a joint initiative with the Airports Council International to strengthen and increase operational efficiency and im...
    - 6 hours ago, 9 Dec 16, 1:09pm -
  • newAsian shares edge down, euro steadies after ECB-driven volatility
    Asian shares edged down on Friday but were on track for weekly gains, while the euro became more settled after the volatility seen in the wake of the European Central Bank's decision to trim the size...
    - 6 hours ago, 9 Dec 16, 1:01pm -
  • newHoney, I shrunk the big, fat wedding
    Demonetisation has taken the wind out of the wedding industry, and Chandni Chowk, the Capital’s one-stop answer to all wedding requirements, has lost much of its sparkle
    - 6 hours ago, 9 Dec 16, 12:55pm -
  • newSilver futures down at Rs 41,365 per kg
    Taking weak cues from overseas markets, silver prices fell Rs 160 to Rs 41,365 per kg at the futures trade today as participants cut down their bets.At the Multi Commodity Exchange, silver for delive...
    - 6 hours ago, 9 Dec 16, 12:55pm -
  • newGold futures fall to Rs 27,740 per 10 gram
    Amid a weak global trend and profit-booking, gold futures fell Rs 37 to Rs 27,740 per 10 gram today as participants trimmed their positions.Gold for delivery in February was trading Rs 37 or 0.13 per...
    - 6 hours ago, 9 Dec 16, 12:44pm -
  • newIn 2017, global airline industry sees ‘safe soft landing in profitable territory’
    Expects net profit of $29.8 billion
    - 6 hours ago, 9 Dec 16, 12:42pm -
  • newThe persistence of the body
    In Anuk Arudpragasam’s outstanding debut novel, a recently married man struggles to establish his dignity in the face of unimaginable violence
    - 6 hours ago, 9 Dec 16, 12:42pm -
  • newCrude oil futures jump to Rs 3,451 per barrel
    Crude oil rose 0.7 per cent to Rs 3,451 per barrel at the futures market today as speculators created fresh bets, taking positive cues from Asian markets.At the Multi Commodity Exchange, crude oil fo...
    - 6 hours ago, 9 Dec 16, 12:39pm -
  • newCauvery award: Apex court upholds maintainability of appeals by TN, Karnataka, Kerala
    The Supreme Court today upheld the maintainability of appeals filed by Karnataka, Tamil Nadu and Kerala against the 2007 award of the Cauvery Water Dispute Tribunal (CWDT) on sharing the river water.
    - 6 hours ago, 9 Dec 16, 12:37pm -
  • newIL&FS Engg emerges lowest bidder for Jharkhand rural electrification works
    IL&FS Engineering and Construction Company has emerged as the lowest bidder for rural electrification works of Jharkhand Bijli Vitran Nigam (JBVNL), Ranchi, worth Rs 225 crore.“Deen Dayal Upadhya...
    - 6 hours ago, 9 Dec 16, 12:30pm -
  • newBear necessities
    It has been two full decades since Karadi Tales, one of India’s most respected publishers for children, opened for business
    - 6 hours ago, 9 Dec 16, 12:27pm -
  • newDollar up on higher yields; euro hit by ECB’s 'less for longer' decision
    The dollar rose broadly on Friday as US bond yields rose, while the euro sank after the European Central Bank’s decision to extend its debt-buying programme, even as it cut the size of its purchases,...
    - 7 hours ago, 9 Dec 16, 12:20pm -
  • newSheela Foam zooms 41% on debut
    Shares of Sheela Foam, maker of Sleepwell mattresses, today got listed at Rs 860 on the BSE, with a premium of nearly 18 per cent over its issue price of Rs 730.Within minutes of listing, the shares ...
    - 7 hours ago, 9 Dec 16, 12:17pm -
  • newNotes of concern
    In rural Haryana, where living on little is a way of life, demonetisation is proving extra-cruel
    - 7 hours ago, 9 Dec 16, 12:03pm -
  • newI-T Dept seizes Rs 106 cr cash, 127 kg gold in Chennai
    The Income-Tax Department has seized at least Rs 106 crore in cash, including Rs 10 crore in new currency, and gold bars weighing 127 kg in searches at multiple locations in the city to check tax eva...
    - 7 hours ago, 9 Dec 16, 11:58am -
  • newTCS, Deloitte, EY among 34 cos shortlisted for providing GST interface
    Tata Consultancy Services, Deloitte Touche, EY and Tally Solutions were among the 34 firms shortlisted today to provide interface between the new Goods and Services Tax (GST) server and taxpayers. GS...
    - 7 hours ago, 9 Dec 16, 11:55am -
  • newMaruti ties up with Ola to train driver-partners
    Maruti Suzuki India Ltd (MSIL) on Friday signed a memorandum of understanding (MoU) with Ola, the online cab aggregator, to train aspiring drivers-partners. According to the MoU, Maruti Suzuki wou...
    - 7 hours ago, 9 Dec 16, 11:54am -
  • newBeauty and the dead
    The horror of death — and sometimes, its terrible beauty — has been the preoccupation of many a painter down the years
    - 7 hours ago, 9 Dec 16, 11:50am -
  • newTwitter account hacked, says Vijay Mallya
    Embattled liquor baron Vijay Mallya today said his twitter and e-mail accounts have been hacked and some of his personal and financial details, including passwords, addresses and phone number, were p...
    - 7 hours ago, 9 Dec 16, 11:43am -

NDTV Business

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Moneycontrol

  • newCOMMENT: What Paytm doesn’t seem to have gained from demonetisation
    If Paytm was seeking to raise money in August at a valuation of USD 5 billion, demonetisation has clearly done nothing to improve its valuation. Paytm’s valuation would have substantially increased had the company been listed; this is a company that stock market investors would love to own.
    - 3 hours ago, 9 Dec 16, 4:19pm -
  • newTough to sustain margins amidst Europe crisis: Vaibhav Tamboli
    Tamboli Capital is into complex investments casting. Company's promoter Vaibhav Tamboli says, 90 percent of company's income comes from global markets. Company's margins are at record levels.
    - 3 hours ago, 9 Dec 16, 3:53pm -
  • newInactive cos declined by 4,000 in over 3 years: Govt
    As on October this year, the number of inactive companies was at 1,38,410 as compared to 1,42,373 as on March 31, 2014, Minister of State for Corporate Affairs, Arjun Ram Meghwal said in a written reply to the Lok Sabha.
    - 3 hours ago, 9 Dec 16, 3:44pm -
  • newMax Bupa launches new version of Health Assurance
    The plan introduces comprehensive coverage in situations like critical illness, accidental death or permanent total or partial disability and offers daily hospital cash benefit, the insurer said in a release.
    - 3 hours ago, 9 Dec 16, 3:38pm -
  • newFour cases registered with CCI against telcos: Govt
    Among others, the complaints about unfair competitive practices and abuse of dominance have also been filed against regulator TRAI, DoT, industry body COAI, as also against operators Bharti Airtel, Idea, Vodafone India, Aircel, Videocon Telecommunications, Telenor and BSNL.
    - 3 hours ago, 9 Dec 16, 3:36pm -
  • newStrides Shasun to acquire Perrigo API India for Rs 100 cr
    The company has signed "definitive agreements to acquire the entire shareholding in Perrigo API India Pvt Ltd (Perrigo API India) for Rs 1,000 million," Strides Shasun said in a BSE filing.
    - 3 hours ago, 9 Dec 16, 3:36pm -
  • newNow Vodafone too matches rivals with free calling plans
    Yesterday, the market leader Airtel and the No 3 player Idea Cellular had launched many schemes to counter Jio's tariff with free voice calls to prepaid customers and additional data.
    - 3 hours ago, 9 Dec 16, 3:36pm -
  • newTransporters embracing e-payments, CV's should recover: Eicher
    VE Commercial Vehicles CEO Vinod Aggarwal is positive of a sales rise in December. Aggarwal’s optimism stems from transporters getting used to cashless economy through modes such as prepaid cards, e-payments and RFID toll cards. He said going ahead the CV industry will recover from the demonetisation hit.
    - 4 hours ago, 9 Dec 16, 3:13pm -
  • newReached out to 3 lk people as part of Jan Dhan Yojana:Bartronics
    Bartronics has helped banks so far reached out to 3 lakh people as part of Jan Dhan Yojana, says K Udai Sagar, Managing Director of the company. It is currently working in tandem with Andhra Bank. Bank of Maharashtra is a potential client, says Sagar.
    - 4 hours ago, 9 Dec 16, 3:11pm -
  • newCCI slaps Rs 12,918 cr fine in 327 cases: Government
    Out of the penalty imposed, a total of Rs 10,454.08 crore have been stayed by the Competition Appellate Tribunal, various courts, including the Supreme Court, and Rs 2,427.90 have been dismissed during the period, Minister of State for Corporate Affairs Arjun Ram Meghwal said in a written reply to Lok sabha.
    - 4 hours ago, 9 Dec 16, 3:02pm -

Reuters India

  • newDemonetisation drive hitting budget preparations - officials
    NEW DELHI (Reuters) - Prime Minister Narendra Modi's surprise decision to scrap high-value banknotes has upset preparations for next year's budget because of the resulting disruption to growth, revenues and asset sales, two government sources said.
    - 3 hours ago, 9 Dec 16, 4:24pm -
  • newFactbox: India takes steps to ease impact from ban on banknotes
    MUMBAI (Reuters) - Prime Minister Narendra Modi shocked the country on Nov. 8 by abolishing 500 and 1,000 rupee notes, which accounted for 86 percent of the cash in circulation. The move was aimed at cracking down on the shadow economy, but has brought India's cash economy to a virtual standstill.
    - 3 hours ago, 9 Dec 16, 4:24pm -
  • newSensex, Nifty edge higher; post best weekly gain since September 2
    REUTERS - Indian shares ended higher on Friday, recording their biggest weekly gain in more than three months, as additional stimulus from the European Central Bank helped offset disappointment about the Reserve Bank of India's decision to hold rates.
    - 3 hours ago, 9 Dec 16, 3:50pm -
  • newFugitive tycoon Vijay Mallya cries foul over Twitter hack
    MUMBAI (Reuters) - Fugitive Indian businessman Vijay Mallya said on Friday that his Twitter account had been penetrated by a hacking group called Legion, which posted links to what it alleged were details of Mallya's bank accounts, offshore investments and luxury cars.
    - 4 hours ago, 9 Dec 16, 2:27pm -
  • newIndia inflation likely cooled further in November after cash clampdown: Reuters poll
    BENGALURU (Reuters) - Indian inflation is expected to have cooled to a 14-month low in November after Prime Minister Narendra Modi's surprise removal of high denomination bank notes caused an intense cash shortage and severely hurt consumption, a Reuters poll found.
    - 7 hours ago, 9 Dec 16, 11:56am -

Live Mint

Live Mint - Companies

Google: India Business News

  • newIndia's industrial production declines 1.9% in October 2016 - Business Standard

    India's industrial production declines 1.9% in October 2016 - Business Standard

    NDTVIndia's industrial production declines 1.9% in October 2016Business StandardIndia's industrial production declined 1.9% in October 2016 over October 2015, against strong 9.9% growth recorded in October 2016. The manufacturing sector's production declined 2.4%, while mining output also fell 1.1%, contributing to the decline in ...Industrial Production Contracts 1.9% In OctoberNDTVIndustrial production shrinks 1.9% in OctoberEconomic TimesOct IIP falls 1.9%; road-bumps ahead as cash ban hurt…
    - 27 mins ago, 9 Dec 16, 6:30pm -
  • newAfter Rahul Gandhi, now Vijay Mallya's Twitter, email accounts hacked - Economic Times

    After Rahul Gandhi, now Vijay Mallya's Twitter, email accounts hacked - Economic Times

    Economic TimesAfter Rahul Gandhi, now Vijay Mallya's Twitter, email accounts hackedEconomic TimesNEW DELHI: Embattled liquor baron Vijay Mallya's twitter and email accounts were hacked today, with the hacker posting details of his purported bank account, offshore investments, luxury cars, passwords and phone number. Mallya, who fled to London in ...Vijay Mallya's Twitter account hacked, posts promise 'more on fraudster' in coming weeksIndia TVWho hacked Vijay Mallya, Rahul Gandhis Twitter and w…
    - 33 mins ago, 9 Dec 16, 6:24pm -
  • newVodafone Unveils Unlimited Voice Calling Packs to Combat Reliance Jio Competition - NDTV

    Vodafone Unveils Unlimited Voice Calling Packs to Combat Reliance Jio Competition - NDTV

    NDTVVodafone Unveils Unlimited Voice Calling Packs to Combat Reliance Jio CompetitionNDTVJumping onto the bandwagon, Vodafone has also launched two unlimited voice calling prepaid recharge packs, like Airtel and Idea. The new Vodafone unlimited voice calling packs are priced starting at Rs. 144, and they include data benefits as well. The Rs.Now Vodafone too matches rivals with free calling plansThe HinduAirtel to Idea: Here are details of free voice calling offers for prepaid usersThe Indian Ex…
    - 41 mins ago, 9 Dec 16, 6:16pm -
  • newSBI to sell Rs1,794 crore stake in life insurance arm to KKR, Temasek - Livemint

    SBI to sell Rs1,794 crore stake in life insurance arm to KKR, Temasek - Livemint

    LivemintSBI to sell Rs1,794 crore stake in life insurance arm to KKR, TemasekLivemintMUMBAI: State Bank of India (SBI), on Friday said that the executive committee of its central board has approved the divestment of 3.9% stake in SBI Life Insurance Company Ltd. The bank plans to divest 39 million shares at a price of Rs 460 per share ...KKR and Temasek buys 3.9% in SBI LifeEconomic TimesSBI to divest 3.9% stake in SBI Life for Rs. 1794 croreThe HinduSBI to sell 3.9% stake in SBI Life Insurance f…
    - 58 mins ago, 9 Dec 16, 5:59pm -
  • newIncome tax raids continue on premises of three Chennai businessmen - Times of India

    Income tax raids continue on premises of three Chennai businessmen - Times of India

    Times of IndiaIncome tax raids continue on premises of three Chennai businessmenTimes of IndiaCHENNAI: Income tax officials continued raids on the premises of three Chennai-based businessmen for the second day on Friday. So far the income tax investigation wing has seized Rs 106 crore in old and new currencies and 127kg of gold bars. Of the ...Rs 142 cr worth gold, cash seized during I-T raids in ChennaiBusiness StandardIT raids on Chennai jewellery shops; Rs 150 crore of cash, 100kg gold seize…
    - 1 hour ago, 9 Dec 16, 5:48pm -
  • newGovt decides to print plastic currency notes to check counterfeiting - Times of India

    Govt decides to print plastic currency notes to check counterfeiting - Times of India

    Times of IndiaGovt decides to print plastic currency notes to check counterfeitingTimes of IndiaNEW DELHI: The government on Friday informed Parliament that a decision has been taken to print plastic currency notes and procurement of material has started. "It has been decided to print banknotes based on plastic or polymer substrate. The process ...Plastic currency notes to be printed soonBusiness StandardCountries Where Plastic Currency is in VogueNews18Plastic money to be introduced from 2017 o…
    - 2 hours ago, 9 Dec 16, 5:08pm -
  • newNifty hits 4-weeks closing high - Business Standard

    Nifty hits 4-weeks closing high - Business Standard

    NDTVNifty hits 4-weeks closing highBusiness StandardKey benchmark indices ended on a positive note after hovering in narrow range for most part of the session. The barometer index, the S&P BSE Sensex, rose 52.90 points or 0.20% to settle at 26,747.18. The Nifty 50 index rose 14.90 points or 0.18% to ...Sensex pares some gains after 100-point rally; Nifty50 trades around 8250Economic TimesSensex closes at fresh 1-month high on global cuesLivemintSensex puts up best weekly show since September, so…
    - 2 hours ago, 9 Dec 16, 4:50pm -
  • newIT dept raids Axis Bank's New Delhi branch again; finds Rs 100 cr deposited in 44 fake accounts - Firstpost

    IT dept raids Axis Bank's New Delhi branch again; finds Rs 100 cr deposited in 44 fake accounts - Firstpost

    FirstpostIT dept raids Axis Bank's New Delhi branch again; finds Rs 100 cr deposited in 44 fake accountsFirstpostIn a second income tax raid conducted on Axis Bank, one of the country's largest private sector bank, in less than a week's time, the I-T deparment said it has found Rs 100 crore deposited in 44 fake accounts at the bank's Chandi Chowk branch in New ...Friday Evening News Brief, December 9Times of India (blog)Axis Bank again: 44 fake accounts with Rs 100 crore found in raids on Delhi…
    - 2 hours ago, 9 Dec 16, 4:50pm -
  • newPolice seize new currency notes worth crores across several cities - The Indian Express

    Police seize new currency notes worth crores across several cities - The Indian Express

    The Indian ExpressPolice seize new currency notes worth crores across several citiesThe Indian ExpressThe new currency notes was seized from Haryana, Gujarat and Maharashtra and several people were arrested in connection with the seizure. By: Express Web Desk | New Delhi | Updated: December 9, 2016 4:46 pm. notes, currency notes, new currency ...Surat: Rs 76 lakh in new Rs 2000 currency seized, 4 detainedBusiness StandardNew currency notes worth Rs. 76 lakh seized in SuratThe HinduInside A Hond…
    - 2 hours ago, 9 Dec 16, 4:31pm -
  • newDemonetisation day 30: Govt's digital push is laudable, but its black money focus is fading - Firstpost

    Demonetisation day 30: Govt's digital push is laudable, but its black money focus is fading - Firstpost

    Economic TimesDemonetisation day 30: Govt's digital push is laudable, but its black money focus is fadingFirstpostAt this stage, there appear to be no immediate tangible monetary gains of demonetisation in sight, hence the change in the primary narrative and target of Narendra Modi government's major currency crackdown to cashless economy isn't difficult to ...Steps taken to ensure availability of cash in rural areas: Finance Minister Arun JaitleyEconomic TimesJaitley's push for online transacti…
    - 5 hours ago, 9 Dec 16, 1:36pm -

Yahoo! World Business

  • newExclusive: ECB rejects Monte Paschi's request for more time to raise cash - source

    Exclusive: ECB rejects Monte Paschi's request for more time to raise cash - source

    The European Central Bank has rejected a request by ailing Italian lender Monte dei Paschi di Siena for more time to raise capital, a source said on Friday, in a move that piles pressure on the Italian government to bail out the bank. The ECB's supervisory board turned down the request at a meeting on Friday on the grounds that a delay would be of little use and that it was time for Rome to step in, the source said. The Italian government is expected to intervene to recapitalize the bank to aver…
    - 6 mins ago, 9 Dec 16, 6:51pm -
  • newGerman pilots' union says to resume talks with Lufthansa next week

    German pilots' union says to resume talks with Lufthansa next week

    FRANKFURT (Reuters) - German pilots' union Vereinigung Cockpit said it would resume wage talks with Lufthansa next week and would hold off further strikes until the end of negotiations.
    - 31 mins ago, 9 Dec 16, 6:26pm -
  • newSaudis order oil cuts to U.S., Europe ahead of non-OPEC talks

    Saudis order oil cuts to U.S., Europe ahead of non-OPEC talks

    SINGAPORE/TOKYO/DUBAI (Reuters) - Saudi Arabia has told its U.S. and European customers it will reduce oil deliveries from January as Russia signaled that a commitment from non-OPEC producers to join OPEC's output limits still faced challenges. Saudi Arabia told the customers about lower supplies in line with the output reduction agreed by the Organization of the Petroleum Exporting Countries last week, according to a Gulf oil industry source familiar with Saudi oil policy. "We told our customer…
    - 51 mins ago, 9 Dec 16, 6:06pm -
  • newU.S. shares most attractive but recession may loom: Principal Global CEO

    U.S. shares most attractive but recession may loom: Principal Global CEO

    Principal Global Investors has upgraded its view on the U.S. economy and equities as it sees higher growth because of likely tax cuts and increased fiscal spending from the incoming U.S. administration, its chief executive officer said on Friday. McCaughan said U.S. shares looked attractive because of an improving growth outlook, noting that his firm raised its projection for U.S. growth next year to about 3.5 percent from 2.5 percent, after the Nov. 8 election.
    - 60 mins ago, 9 Dec 16, 5:57pm -
  • newWorld stocks hold near 16-month highs after strong week

    World stocks hold near 16-month highs after strong week

    By Alistair Smout LONDON (Reuters) - World stocks held near 16-month highs on Friday, set for a strong weekly gain, while the euro fell further after the European Central Bank’s decision to extend its stimulus program. European shares hit their highest level for 11 months, and were set for their best week since February, following the ECB's decision to trim the size of its bond-buying program while also extending it for longer than many analysts had expected. The ECB said it would reduce its m…
    - 1 hour ago, 9 Dec 16, 5:43pm -

Yahoo! India Business

  • newSurprise, surprise: RBI wrong-foots investors again

    Surprise, surprise: RBI wrong-foots investors again

    By Suvashree Choudhury and Rafael Nam MUMBAI (Reuters) - When it comes to interest rate decisions under Reserve Bank of India's new governor, Urjit Patel, the only certainty seems to be that nothing is certain. Both of Patel's policy reviews so far have wrong-footed investors, raising frustration that they are unable to get a handle on where monetary policy is headed in Asia's third-largest economy. Economists and market players point to a significant shift in emphasis between inflation and grow…
    - 9 mins ago, 9 Dec 16, 6:48pm -
  • newFirm global cues, short covering buoy Indian equities
    Mumbai, Dec 9 (IANS) Firm global cues, coupled with short covering and higher crude oil prices, marginally lifted the Indian equities markets on Friday.
    - 31 mins ago, 9 Dec 16, 6:26pm -
  • newWorld stocks hold near 16-month highs after strong week

    World stocks hold near 16-month highs after strong week

    By Alistair Smout LONDON (Reuters) - World stocks held near 16-month highs on Friday, set for a strong weekly gain, while the euro fell further after the European Central Bank’s decision to extend its stimulus programme. European shares hit their highest level for 11 months, and were set for their best week since February, following the ECB's decision to trim the size of its bond-buying programme while also extending it for longer than many analysts had expected. The ECB said it would reduce i…
    - 1 hour ago, 9 Dec 16, 5:40pm -
  • newBrexit minister "not really interested" in transitional Brexit deal - FT says

    Brexit minister "not really interested" in transitional Brexit deal - FT says

    Britain's Brexit minister David Davis is "not really interested" in a transitional deal to cushion the country from the effects of leaving the European Union, he told a private meeting with the City of London Corporation, the Financial Times reported on Friday. The FT, citing a memo of a meeting on Nov. 15 made by an unidentified City of London Corporation representative, said Davis would consider a transitional deal only in order to "be kind" to the EU.
    - 2 hours ago, 9 Dec 16, 5:26pm -
  • newAixtron considers partial sell-off after Chinese deal blocked

    Aixtron considers partial sell-off after Chinese deal blocked

    German semiconductor chipmaking machinery company Aixtron is considering reducing the size of the business with a partial sale, its chief executive said in an interview published on Friday, opening the door for bidders after a deal with a Chinese firm collapsed. "Or Aixtron could shrink, divest technologies and continue with a specialised offering," he said. China's Fujian Grand Chip Investment Fund dropped its 670 million-euro ($712 million) takeover bid for Aixtron on Thursday, after the Unite…
    - 2 hours ago, 9 Dec 16, 5:11pm -
  • newShort covering buoys Indian equities
    Mumbai, Dec 9 (IANS) Indian equities inched up on Friday as short covering, coupled with higher crude oil prices and firm global cues, buoyed investors' sentiments.
    - 2 hours ago, 9 Dec 16, 4:50pm -
  • newUnder Trump, Congress likely to pull plug on medical device tax
    By Nick Carey and Susan Cornwell WARSAW, Indiana/WASHINGTON (Reuters) - When Donald Trump takes over as president on Jan. 20, one of the first business tax breaks he delivers is likely to go to the U.S. medical device industry and companies like Mark Throdahl's. The chief executive of OrthoPediatrics Corp, based in northern Indiana, said his company has been able to hire more workers since the temporary suspension effective last January of a federal tax on medical devices. The tax was imposed as…
    - 2 hours ago, 9 Dec 16, 4:44pm -
  • newWho knew? Modi's black money move kept a closely guarded secret

    Who knew? Modi's black money move kept a closely guarded secret

    By Douglas Busvine and Rupam Jain NEW DELHI (Reuters) - Prime Minister Narendra Modi handpicked a trusted bureaucrat, little known outside India's financial circles, to spearhead a radical move to abolish 86 percent of the country's cash overnight and take aim at the huge shadow economy. GRAPHIC: Modi's currency purge http://tmsnrt.rs/2fHr4je GRAPHIC: How long will it take India to print new money?
    - 3 hours ago, 9 Dec 16, 4:24pm -
  • newDemonetisation drive hitting budget preparations - officials

    Demonetisation drive hitting budget preparations - officials

    By Manoj Kumar NEW DELHI (Reuters) - Prime Minister Narendra Modi's surprise decision to scrap high-value banknotes has upset preparations for next year's budget because of the resulting disruption to growth, revenues and asset sales, two government sources said. Modi scrapped 500-rupee and 1,000-rupee banknotes on Nov. 8 in a bid to flush out cash earned through illegal activities, or earned legally but never disclosed to the taxman. "We still have to start work on the budget." Finance Minister…
    - 3 hours ago, 9 Dec 16, 4:23pm -
  • newChina premiums near 3-year high, Indian gold demand remains subdued

    China premiums near 3-year high, Indian gold demand remains subdued

    By Sethuraman N R and Rajendra Jadhav BENGALURU/MUMBAI (Reuters) - Gold premiums in China held near three-year highs this week amid fears of limited supply of the precious metal, while demand in India remained subdued despite lower prices due to a severe cash crunch. The import curbs may be part of China's efforts to limit outflows of the yuan after the currency's slide to its weakest in more than eight years, traders said. China allows only 13 banks to import gold, including three foreign lende…
    - 3 hours ago, 9 Dec 16, 3:32pm -
  • newIndia seen facing tight wheat supply as Ukrainian shipments delayed

    India seen facing tight wheat supply as Ukrainian shipments delayed

    By Naveen Thukral SINGAPORE (Reuters) - India could face tight wheat supplies in the weeks ahead as 400,000 tonnes of Ukrainian cargoes, booked for December, are expected to be delayed, traders said, just when the South Asian country was boosting stockpiles. India on Thursday scrapped its 10 percent import duty on wheat after droughts in the past two years depleted stocks and raised prices, a move traders said could lift overseas purchases to their highest in a decade. India, which has been snap…
    - 4 hours ago, 9 Dec 16, 2:39pm -
  • newAsian shares edge down, euro steadies after ECB-driven volatility

    Asian shares edge down, euro steadies after ECB-driven volatility

    By Lisa Twaronite and Wayne Cole TOKYO/SYDNEY (Reuters) - Asian shares edged down on Friday but were on track for weekly gains, while the euro became more settled after the volatility seen in the wake of the European Central Bank's decision to trim the size of its asset purchase program while also extending it for longer than many analysts had expected. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.3 percent, and was poised for a weekly gain of 1.9 percent. Japan's Nikkei s…
    - 6 hours ago, 9 Dec 16, 12:38pm -
  • newChina economy reflating as producer prices rise at fastest pace in 5 years

    China economy reflating as producer prices rise at fastest pace in 5 years

    China's producer prices rose at the fastest pace in more than five years in November as prices of coal, steel and other building materials soared, boosting industrial profits and giving firms more cash flow to pay off mountains of debt. The stronger-than-expected 3.3 percent surge in prices, along with upbeat factory readings from China, the United States and Europe, add to views that the global economy may be slowly reflating again thanks to a pick-up in industrial activity. "This (the PPI jump…
    - 7 hours ago, 9 Dec 16, 11:36am -
  • newMarkets on consolidation mode; SBI major gainer

    Markets on consolidation mode; SBI major gainer

    Banking stocks witnessed buying while auto stocks slipped on falling sales numbers.
    - 8 hours ago, 9 Dec 16, 10:39am -
  • Samsung Galaxy S7 Edge now available in Black Pearl, in India Coral Blue arrives

    Samsung Galaxy S7 Edge now available in Black Pearl, in India Coral Blue arrives

    The Black Pearl version will be a limited edition Galaxy S7 Edge, at least initially, and will be available only in a few markets.
    - 1 day ago, 8 Dec 16, 3:33pm -
  • Even as repo rate remains unchanged, EMIs may still fall

    Even as repo rate remains unchanged, EMIs may still fall

    "The RBI has so far received Rs11.55 lakh crore back in deposits. The removal of incremental CRR will release more liquidity into the banking system," says Puru Vashishtha, Advisor and Board Member, Deal4Loans.
    - 1 day ago, 8 Dec 16, 3:21pm -
  • November sees steepest FPI outflows since June 2013

    November sees steepest FPI outflows since June 2013

    Foreign investors have pulled out funds from capital markets due to fears of rate hike by the US Federal Reserve in December, uncertainty over US ties with emerging markets post Donald Trump's victory, and concerns over the impact of demonetisation on economic growth and corporate earnings.
    - 4 days ago, 5 Dec 16, 7:26pm -
  • Here's an investment guide for people in their late 20s and early 30s

    Here's an investment guide for people in their late 20s and early 30s

    Most youth do save, and some up to a fourth of their income. But what a majority of them falter at is investing- investing intelligent.
    - 18 days ago, 21 Nov 16, 6:52pm -
  • How investing in SIPs can make you a crorepati

    How investing in SIPs can make you a crorepati

    Everybody wants a reward but not risks that come while working towards it. This is also the main reason for the popularity of systematic investment plans, or SIPs, which give investors the option of gaining from market while reducing the risk of volatility that is inherent in all financial markets.
    - 21 days ago, 18 Nov 16, 5:49pm -
  • Black money crackdown: 'Land prices may crash 30% in 6 months'

    Black money crackdown: 'Land prices may crash 30% in 6 months'

    In a bold step, Prime Minister Narendra Modi has banned Rs 500 and Rs 1,000 notes to clamp down on the black money menace. This is going to impact the real estate sector, which is used by individuals to park black money, the hardest.
    - 30 days ago, 9 Nov 16, 3:44pm -